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substantially improve social and consumer welfare. We also analyze how the underlying network influences the social welfare outcomes …. We define parameter w<sub>G</sub> as the width of the network G and show that the price of anarchy is at least 1 - 1/2w …
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This paper provides a comprehensive economic analysis of scheduling decisions in an airline network. Although it is … frequency is higher in a hub-and-spoke (HS) network than in a fully-connected (FC) network, confirming the conventional wisdom …. It is also shown that some passengers who could make a connecting trip under the HS network may find the existing flights …
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